Bloomberg News reports BlockFi decided to unwind its position in Grayscale Bitcoin Trust. It is no longer accepting GBTC shares as collateral. This was revealed by an individual who is familiar with the matter. The crypto lender has decided...
Gopuff, the Philadelphia-based consumer food, and goods delivery company, is cutting about 10% workforce globally and closing dozens of warehouses to rein in expenses amidst a deteriorating global economy.
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The Impact...
The two-day Prime Day sale of Amazon.com Inc. this year is expected to be disappointing for bargain hunters as sellers look to minimize the discounts that into profit during times of soaring costs.
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Bloomberg News reports that natural gas is still behind coal and oil in terms of the energy it generates across the globe. Nevertheless, it is gaining in stature. As Europe is striving hard to reduce its dependence on Russian...
Electric Vehicle makers Rivian Automotive Inc. is planning to lay off hundreds of its workers, according to information from people familiar with the matter. The company wants to trim its workforce in those areas where it has grown too...
UBS Group is planning to promote Iqbal Khan to head the global wealth business solely and eventually groom him to take over from the current CEO Ralph Hamers.
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More on it...
According to Bloomberg News, merger law stalwart heavyweight Wachtell, Lipton, Rosen & Katz. This move comes intending to sue Elon Musk for his move to call off the $44 billion company takeover, as per individuals that are familiar with...
According to Bloomberg News, it is anticipated that the crypto crash is being reckoned to be more than expected.
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It is predicted that digital currency will drop to $10,000, shedding its...
Tesla's Elon Musk proposed takeover of Twitter Inc. may not occur as doubts about the accurate reporting of bot accounts on the service continue, according to a report. Twitter's executive has reiterated that the spam accounts numbers are low...
The US and its European allies are discussing ways to cap the price of Russian Oil between $40 and $60 a barrel in the group of seven summit runup. This is one of the ways that allies are exploring...
